The Fight to Fame, a reality show platform, has developed a business model codenamed "BMS" or "Blockchain + Movie + Sports" which uses blockchain for a new business that combines the worlds of movies and sports.
The users of the platform that have the FF token will be given the front row seats to the Fight to Fame entertainment platform.
According to the platform, the FF Token will not just be another initial coin offering that focuses on making the insiders rich. It is meant for eager fans to use to acquire series cards, vote for fighters on the reality TV shows, and other activities.
Fight to Fame has already partnered with well-known Hollywood film production studios that include Nu Boyana, Nu Image, and Millennium Films.
There are also plans to fund the project with $500m annually for co-producing a number of Hollywood blockbuster movies.
The statement further said: "Times are changing as the majority of industries are beginning to embrace blockchain technology and crypto. We're seeing new startups and traditional companies develop blockchain concepts similar to Fight to Fame, meant to improve transparency, security, and ease of use.
"Fight to Fame has joined the movement to create a unique business solution that leverages blockchain technology and gives the users a bigger voice."